Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have never written before about Pendragon (PDG), which describes itself as a company which apparently is ‘revolutionising the automotive industry with its vision to transform automotive retail through digital innovation and operational excellence’. Suffice to say it has not talked about a bunch of difficult times over recent years, which took the shares down from a 25p plus share price in 2018 and early 2019 to just a 5p share price a few months into last year. So what should we be thinking now at today’s 18p share price and nearly £260 million market cap?
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.
Filed under:
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Time left: 12:37:38